Tongda Electric(SH:603390) Zheng Quan Zhi Xing·2025-05-27 11:07Core Viewpoint - The company announced a cash dividend distribution of 0.040 CNY per share, totaling approximately 14.07 million CNY, approved at the annual shareholders' meeting on May 19, 2025 [1][2]. Dividend Distribution Details - The cash dividend of 0.040 CNY per share (including tax) will be distributed based on a total share capital of 351,671,984 shares [2]. - Key dates for the dividend distribution include: - Record date: June 3, 2025 - Last trading date: June 4, 2025 - Ex-dividend date: June 4, 2025 [1][2]. Implementation Method - The dividend will be distributed through China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the close of trading on the record date [2]. - Shareholders who have completed designated transactions can receive their cash dividends on the payment date, while those who have not will have their dividends held until the transaction is completed [2]. Taxation Policies - For individual shareholders holding unrestricted shares for over one year, the dividend income is exempt from personal income tax [2]. - For shares held for one month or less, the full dividend is subject to a 20% tax rate, resulting in a net dividend of 0.040 CNY per share [3]. - For restricted shares, the dividend is taxed at a reduced rate of 10% after a 50% reduction in taxable income, leading to a net dividend of 0.036 CNY per share [4]. - Qualified Foreign Institutional Investors (QFII) will have a 10% tax withheld, resulting in a net dividend of 0.036 CNY per share [5]. - Hong Kong investors will also have a 10% tax withheld, with the same net dividend of 0.036 CNY per share [5]. - Other institutional investors are responsible for their own tax payments, receiving the full dividend of 0.040 CNY per share [5].